Charitable Gift Annuity—Immediate Payment

Immediate-Payment Charitable Gift Annuity Diagram

How It Works

  1. Transfer cash or other property to Ohio State
  2. Ohio State agrees to make payments for the life of one and up to two annuitants (payments are backed by our entire assets)
  3. The balance of the transfer inures to Ohio State

 Benefits

  • Payments for life that are favorably taxed
    1. When gift is funded with cash, part of payment will be tax-free
    2. When gift is funded with appreciated property, part will be taxed as capital gain, part will be tax-free, and part will be taxed as ordinary income
  • Federal income-tax deduction for a portion of your gift
  • Gift will provide generous support for Ohio State

More Information

Contact Us

Office of Estate and Gift Planning
614-292-2183
800-327-7907
giftplan@osu.edu

 

The Ohio State University
1480 West Lane Avenue
Columbus, OH 43221

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